Thu.Oct 17, 2024

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Key business tax moves to consider, whoever wins on Nov. 5

Accounting Today

With the November election mere weeks away, there is still time for tax pros to ponder the strategies available to meet the proposals of each candidate.

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Starting on the Right Foot: Utilizing CFO Support Services in 2025

Accounting Department

Imagine having access to top-tier financial expertise without the full-time cost. That's precisely what CFO Support Services offers. In today's fast-evolving business landscape, financial acumen is not just a luxury but a necessity for growth and sustainability. Entrepreneurs and small-to-medium business (SMB) owners often juggle multiple roles, and strategic financial management is frequently overlooked.

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AI and the risk of inflation expectations

Accounting Today

When faster, cheaper, and better may not always be the best.

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Oct 17, Learning QuickBooks® | Avoiding Common Data Entry Mistakes

Bookkeeping Essentials

For the work from home business owner who does their own bookkeeping, learning QuickBooks® tips to avoid beginner mistakes makes your life a whole lot easier!

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Tax scammers on the prowl after hurricanes

Accounting Today

The IRS is warning taxpayers about the red flags that a 'charity' seeking donations may not be on the up and up.

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Compleat partners with Satago

Compleatable

Compleat partners with Satago as their Invoice finance solution partner Compleat today announced a new partnership with Satago. This new partnership will give Compleat’s customers access to a leading Invoice Finance management solution with additional benefits of real time credit checking, automated payment chasing & access to flexible finance. “We are thrilled about this partnership with Satago, as it represents a significant step forward for both our companies combining the best

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How Did this Firm Owner 2X Revenue Without Burning Out? w/Logan Graf

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello interviews Logan Graff , a virtual CPA firm owner ( The Graf Tax Co. PLLC ) based in Central Texas and a rising star on YouTube. Logan shares his journey of starting his firm at the age of 30 and the challenges he faced, including pricing his services competitively despite having less experience than some of his peers.

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Tax Fraud Blotter: Party's over

Accounting Today

Unaltered behavior; playing chicken; out on a rail; and other highlights of recent tax cases.

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Oct 17, Canadian QBO Conversion Issues | Problems That Aren't Really Problems

Bookkeeping Essentials

Why your balance sheet doesn't match QuickBooks Desktop after a QuickBooks Online-QBO conversion.

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Audit's Moneyball moment

Accounting Today

It's time to stop talking about the future of audit.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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Oct 17, How To Use QuickBooks Online | A Beginner's Guide

Bookkeeping Essentials

Learn how to use QuickBooks Online with step-by-step instructions, screenshots, and tips to help small business owners understand and effectively utilize QBO.

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Citrin Cooperman acquires Teplitzky

Accounting Today

The Top 25 Firm is expanding in Connecticut by adding the Woodbridge-based accounting, consulting and tax firm.

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If I’m Inputting My Payroll Data, What Is CSI Doing for Me?

CSI Accounting & Payroll

By the time small business owners discover us, they’ve usually already researched or worked with the large, national payroll providers. These aren’t traditional payroll services, but a hands-off software as a service that makes you manually input your payroll data.

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Acumatica launches version supporting professional services

Accounting Today

Acumatica announced the launch of its Professional Services Edition, meant to provide accounting and project support for consultants, engineers, architects and other practices.

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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Pivot Payables Joins American Express Sync™

Insightful Accountant

New B2B payments collaboration provides Pivot Payables’ users with on-demand virtual Cards in PivotLynx.

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SEC subpoenas CSX over years of accounting errors

Accounting Today

The commission is focused on accounting errors the railroad had previously disclosed and certain non-financial performance metrics.

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Top ProAdvisor Profiles: Heather Kwitschau

Insightful Accountant

This week's Top ProAdvisor Profile focuses on Heather Kwitschau of The Executive Geek in Batavia, Illinois.

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Ending Chevron deference has implications for alternative investment firms

Accounting Today

The Supreme Court decision in Loper Bright has broad implications for the tax regulations written and administered by the Treasury and the IRS as well as the agencies tasked with the regulation of the alternatives industry.

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Brian Tarble Discusses Data-Informed Decision-Making

AvidXchange

Finance leaders are increasingly looking to data and analytics to inform decision-making, and for good reason. Data supports strategies that can positively impact revenue and customer satisfaction. In this episode of “The Power of Change” podcast, Michael Praeger interviewed Brian Tarble , vice president of product at AvidXchange, on product development, data and analytics, and leadership lessons.

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Did you get a "Your Badge(s)" Email?

Insightful Accountant

If you get an email titled "Your Badge(s)" from Credly, it is valid.

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Top Remote Accounting Candidates for Hire | October 17, 2024

accountingfly

Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of our top remote accounting candidates for this week. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

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Lenus

Tipalti

When Lenus upgraded to Tipalti’s accounts payable and global payments solution, the team found that manual tasks almost completely disappeared.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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Asymmetric information definition

Accounting Tools

What is Asymmetric Information? Asymmetric information occurs when one party to a transaction has more information about the deal than the other party. This situation most commonly arises when the seller of goods knows more about the goods than the buyer. Disparities of this type arise in situations where it is difficult to obtain information. Examples of Asymmetric Information Here are several examples of what can happen when asymmetric information exists: Information about a house.

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Days Sales Outstanding (DSO) – What is a Good Ratio?

oAppsNet

Understanding your Days Sales Outstanding (DSO) is important and empowering for managing your business’s cash flow. It gives you a clear picture of your financial health and the efficiency of your operations. DSO measures the average days a company takes to collect payment after a sale. While it’s a valuable metric, business owners and financial managers often ask, “What is a good DSO ratio?

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Retail inventory method definition

Accounting Tools

What is the Retail Inventory Method? The retail inventory method is used by retailers that resell merchandise to estimate their ending inventory balances. This method is based on the relationship between the cost of merchandise and its retail price. The method is not entirely accurate, and so should be periodically supplemented by a physical inventory count.

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NATP Breaks Up with Intuit & Fat Joe vs. BDO

Cloud Accounting Podcast

Blake and David touch on several hot topics in the accounting world, including the fallout from Intuit's controversial TurboTax ad, and the National Association of Tax Preparers cutting ties with the company. They also examine Trump Jr.'s threats against Deloitte, KPMG's support for alternative pathways to CPA licensure, and rapper Fat Joe's recent experiences with BDO.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.